Leseprobe
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Adam Smith’s America
Glory M. Liu
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Sozialwissenschaften, Recht, Wirtschaft / Wirtschaft
Beschreibung
The unlikely story of how Americans canonized Adam Smith as the patron saint of free markets
Originally published in 1776, Adam Smith’s The Wealth of Nations was lauded by America’s founders as a landmark work of Enlightenment thinking about national wealth, statecraft, and moral virtue. Today, Smith is one of the most influential icons of economic thought in America. Glory Liu traces how generations of Americans have read, reinterpreted, and weaponized Smith’s ideas, revealing how his popular image as a champion of American-style capitalism and free markets is a historical invention.
Drawing on a trove of illuminating archival materials, Liu tells the story of how an unassuming Scottish philosopher captured the American imagination and played a leading role in shaping American economic and political ideas. She shows how Smith became known as the father of political economy in the nineteenth century and was firmly associated with free trade, and how, in the aftermath of the Great Depression, the Chicago School of Economics transformed him into the preeminent theorist of self-interest and the miracle of free markets. Liu explores how a new generation of political theorists and public intellectuals has sought to recover Smith’s original intentions and restore his reputation as a moral philosopher.
Charting the enduring fascination that this humble philosopher from Scotland has held for American readers over more than two centuries, Adam Smith’s America shows how Smith continues to be a vehicle for articulating perennial moral and political anxieties about modern capitalism.
Kundenbewertungen
Capitalism, Political economy, Tariff of 1824, Invisible hand, American Capitalism, Isaac Casaubon, Early modern period, Utilitarianism, Labor theory of value, Forgotten man, Fritz Saxl, James Tassie, Chicago school of economics, Gilded Age, Liberty Fund, Ambivalence, A Monetary History of the United States, Thomas Robert Malthus, Friedrich List, Buton, Lighting, Michael Burawoy, Physiocracy, Ideology, Corippus, Muslim world, Politics, Buoy, International trade, Economist, Economy, The Philosopher, The Road to Serfdom, Lecture, The Theory of Moral Sentiments, Re-Define, Tariff, Lionel Robbins, Ecclesiastical Latin, Ethics, Milton Friedman, Economics, Policy advocacy, Wealth, Bruno Hildebrand, Michael Polanyi, Protectionism, Opportunity cost, Free trade, Retirement, Richard T. Ely, Moral economy, Self-interest, American System (economic plan), American Enlightenment, Learning, Progress and Poverty, Greek fire, Scottish Enlightenment, The Wealth of Nations, Laissez-faire, Occupy movement, Mercantilism, Social phenomenon, Neoliberalism, Raymond Geuss, Francis Fukuyama, Marquis de Condorcet, Fraud, Suggestion